{"url":"https://nivawealth.com/firms/burgundy-asset-management-114317","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/114317","regulatoryAum":19093067539,"crd":"114317","secFileNumber":"801-60503","legalName":"Burgundy Asset Management LTD.","displayName":"Burgundy Asset Management","website":"https://www.burgundyasset.com/","linkedinUrl":"https://www.linkedin.com/company/burgundy-asset-management/","founded":null,"organization":"corporation organized in Canada","fiscalYearEnd":"October","headquarters":{"street":"Bay Wellington Tower, 181 Bay Street, Ste 4510","city":"Toronto, Ontario","state":"","stateName":"","country":"Canada","postalCode":"M5J 2T3"},"tradeNames":["Bmo Burgundy","Bmo Burgundy Asset Management"],"registration":{"secApproved":"31 August 2001","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":140,"advisory":49,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"discretionary":19093067539,"discretionaryAccounts":3335,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":98,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":1423,"regulatoryAum":521897181},{"label":"High-net-worth individuals","clients":1583,"regulatoryAum":9632911868},{"label":"Pooled investment vehicles","clients":5,"regulatoryAum":1362861103},{"label":"Pension and profit-sharing plans","clients":70,"regulatoryAum":3351258327},{"label":"Charitable organizations","clients":221,"regulatoryAum":2408835054},{"label":"Other investment advisers","clients":null,"regulatoryAum":889299030},{"label":"Insurance companies","clients":4,"regulatoryAum":155561839},{"label":"Corporations and other businesses","clients":28,"regulatoryAum":770443137}],"fees":[],"feeNotes":[],"custodians":[{"name":"RBC Investor Services Trust","shortName":"RBC Investor Services Trust","location":"Toronto, on","smaAssets":12017755601},{"name":"The Northern Trust Company","shortName":"The Northern Trust","location":"Chicago, IL","smaAssets":3544873959}],"custodyNote":"Burgundy Asset Management has custody of $1.36B for 5 clients.","otherCustodians":[],"leadership":[{"name":"Robert Sankey","title":"Director and Officer, Chief Executive Officer","crd":"6742238"},{"name":"Julie Cordeiro","title":"Officer and Senior Vice President, Chief Administrative Officer","crd":"6678275"},{"name":"Mark Keil","title":"Officer and Vice President, Chief Financial Officer","crd":"7447508"},{"name":"Karen Mintz","title":"Officer and Vice President, Chief Compliance Officer & Associate General Counsel","crd":"7631525"},{"name":"Bill Bamber","title":"Director","crd":"8191622"},{"name":"Kevin Barnes","title":"Director","crd":"8191619"},{"name":"Amanda Custodio","title":"Director","crd":"8191615"},{"name":"Andrew Iu","title":"Officer and Chief Investment Officer","crd":"5965124"},{"name":"Rohit Thomas","title":"Director","crd":"8191617"}],"ownership":[{"label":"1001271606 Ontario Inc.","detail":"Owner in the 75% or more ownership band and a control person, since November 2025."},{"label":"Bank of Montreal","detail":"Indirect owner: a owner of 1001271606 Ontario Inc. in the 75% or more band and a control person, since November 2025.","parent":"1001271606 Ontario Inc."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":2,"privateResidences":0},"listedOfficeAddresses":1,"officesByState":[],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"416-869-3222","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Performance-based fees"],"activities":["Portfolio management for individuals and/or small businesses","Portfolio management for pooled investment vehicles (other than investment companies)","Portfolio management for businesses (other than small businesses) or institutional clients"],"financialPlanningClients":null,"assetMix":[{"label":"Exchange-traded equity securities","percent":89},{"label":"Sovereign bonds","percent":1},{"label":"Investment grade corporate bonds","percent":7},{"label":"Non-investment grade corporate bonds","percent":1},{"label":"Cash and cash equivalents","percent":2}],"privateFunds":5},"sources":{"adv1FilingDate":"28 January 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/114317/PDF/114317.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Burgundy Asset Management have?","answer":"Burgundy Asset Management has 3,334 clients and manages $19.1 billion for them, as of January 2026. They include 1,583 high-net-worth individuals, 1,423 other individuals and 221 charitable organizations.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 28 January 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Burgundy Asset Management offer?","answer":"Burgundy Asset Management provides portfolio management for individuals and small businesses, portfolio management for pooled vehicles and portfolio management for institutions.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Burgundy Asset Management use?","answer":"Burgundy Asset Management’s separately managed account assets are held at RBC Investor Services Trust (Toronto, on), with $12,017,755,601 and The Northern Trust Company (Chicago, IL), with $3,544,873,959. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 28 January 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Burgundy Asset Management have?","answer":"Burgundy Asset Management has 0 investment adviser representatives registered with state securities authorities, out of 140 employees, and 49 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Burgundy Asset Management invest in?","answer":"At the end of its last fiscal year, Burgundy Asset Management’s separately managed accounts held 89% exchange-traded equities, 7% investment grade corporate bonds, 2% cash and equivalents, 1% sovereign bonds and 1% high-yield corporate bonds. It advises 5 private funds.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Burgundy Asset Management?","answer":"Burgundy Asset Management is owned through a holding company by Bank of Montreal. Its direct owner is 1001271606 Ontario Inc. (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 28 January 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Burgundy Asset Management get paid?","answer":"Burgundy Asset Management is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva Wealth is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}